The December PMI report showed a rebound in production and a rise in new orders, showing slower contraction in U.S. manufacturing activity.
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Photoneo is a Kentucky-based developer of AI-powered robotics and 3D machine vision solutions, including the Brightpick line.
The repurchase is expected to begin in the second quarter as part of the company’s strategy to return cash to shareholders.
LECORP is a material processing, handling and environmental solutions provider based in Kentucky.
Hardlines distributor Orgill appointed a new COO, alongside several other executive promotions to strengthen its leadership team.
The new board member will offer new insights to ISA’s mission of strengthening the industrial supply chain.
It combines the Nos. 1 and 10 companies on MDM’s 2024 Top Distributors List for Fluid Power and significantly strengthens Applied's market position.
Aberdeen-based Scot Bearings is a distributor of bearing and power transmission products.
East and Gulf Coast port operators and union dockworkers are up against a Jan. 15 deadline to come to a new deal. Concessions still seem unlikely on both sides.
Sonepar sold Vallen Asia to the latter's leadership team in a management buyout, marking the company’s deconsolidation from Sonepar.
It marks NEFCO’s fifth acquisition of 2024 and its second-largest acquisition to date.
Dealmaking slowed in December compared to the previous two months, though year-to-date activity remained strong to outpace 2023.
The B2B office products distributor appointed two company veterans as leaders overseeing its financial operations.
Loy Instrument is an Indiana-based supplier of process control and combustion solutions.
OSHA is withdrawing all but one citation issued against the company, while Amazon is required to improve ergonomic conditions throughout its facilities.
LindFast grows its comprehensive fabrication capabilities with the Illinois-based fasteners maker.
The distributor's CEO of the past five years has retired, and it's added an industry veteran to lead the way forward.
The two adhesives distributors supply industrial tapes, adhesives and fasteners with brands that include 3M and Loctite.
All-Fab Group serves the needs of building contractors, building owners and dealers across Western Canada.
To better support PFG's growing customer base, the company will expand its operations in East Tennessee and make two leadership changes.
